Fab News

WALTHAM, MA -- Nano Dimension today announced it has signed and closed a definitive agreement to acquire Formatec Holding, including its two subsidiaries Admatec Europe and Formatec Technical Ceramics, for $12.9 million (net of cash).

Read more: Nano Dimension Acquires Admatec and Formatec

KUNSHAN, CHINA – Unimicron is planning a capital investment of $20 million in Mainland China for printed circuit board production.

Read more: Unimicron to Invest $20M in China

PETACH-TIKVA, ISRAEL – Eltek has resumed making deliveries to its customers after a fire in one of the production rooms at its plant here.

Read more: Eltek Resumes Deliveries to Customers After Fire

CHAMPAIGN, IL – A team of researchers from the University of Illinois Urbana-Champaign, working with PragmatIC Semiconductor, developed the first commercially viable flexible plastic microprocessor chips, called FlexiCores, that can be manufactured at scale for less than a penny per unit.

Read more: UIUC Researchers Create High-Yield Plastic Microprocessors that Cost Under a Penny Each

TEWKESBURY, UK – Trackwise Designs reported revenue of £3.3 million (US$4 million) in the first five months of 2022. Revenue for full-year 2022 is expected to be below market expectations on the back of reduced near-term UK electric vehicle OEM customer demand.

Read more: Trackwise Lowers 2022 Forecast Based on EV Demand

KEWEENAW, MI – Calumet Electronics is investing $6.5 million at a newly built 35,000 sq. ft. manufacturing facility in Northern Michigan, according to reports.

Read more: Calumet to Invest $6.5M in MI Plant

Page 79 of 736